Financial Consulate Inc. Makes New Investment in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Financial Consulate Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 441,510 shares of the company’s stock, valued at approximately $15,921,000. Schwab Fundamental Emerging Markets Equity ETF comprises approximately 2.2% of Financial Consulate Inc.’s investment portfolio, making the stock its 13th largest holding.

Several other institutional investors have also recently made changes to their positions in FNDE. Revolve Wealth Partners LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $321,000. Royal Bank of Canada raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock worth $4,855,000 after purchasing an additional 886 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the second quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock worth $3,012,000 after purchasing an additional 13,653 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the second quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock worth $1,366,000 after purchasing an additional 930 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 81.4% during the second quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock worth $3,810,000 after purchasing an additional 51,787 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $39.38 on Thursday. The firm has a fifty day moving average price of $38.80 and a 200 day moving average price of $37.46. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.63 and a 1 year high of $40.92. The stock has a market cap of $9.18 billion, a PE ratio of 10.04 and a beta of 0.59.

About Schwab Fundamental Emerging Markets Equity ETF

The Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of emerging market stocks. Its selection and weighting are based on three fundamental factors: sales, cash flow, and dividends\u002Fbuybacks. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.